PGHCX

About PGHCX

Virtus Newfleet High Yield Fund Class C is an open-end mutual fund specializing in high-yield, or "junk," bonds primarily issued by U.S. entities. The fund’s primary objective is to generate a combination of high current income and capital appreciation by investing in below-investment-grade fixed income securities. Its strategy centers on identifying opportunities among lower-rated corporate debt, aiming to capture higher yields than those typically available in investment-grade bond portfolios, though with increased credit and economic risk exposure. The portfolio construction leverages a disciplined, multi-factor investment process, incorporating sector allocation and opportunistic trading to take advantage of market inefficiencies and special situations. As part of the high yield bond category, the fund is positioned to serve investors seeking greater income potential, albeit with more sensitivity to market cycles and potential for price volatility. With a substantial turnover ratio and a focus on income generation, it caters to individuals and entities seeking diversified exposure to the U.S. high-yield fixed income market.